Sentences with phrase «allows flexible premium payments»

Fixed Premiums - Some types of insurance exist, like universal life insurance, which allows flexible premium payments.
Fixed Premiums — Some types of insurance exist, like universal life insurance, which allows flexible premium payments.
VUL allows flexible premium payments, allowing you to choose the amount and the frequency of your payments within certain limits.
VUL allows flexible premium payments, allowing you to choose the amount and the frequency of your payments within certain limits.

Not exact matches

Faso believes the existing health care law should be repealed and replaced with a plan that allows for flexible spending or HSA accounts for all people — not just those who work for big companies or government; that there should be more insurance options with fewer mandates that drive up premiums but also cover catastrophic care without crippling deductible payments; and that there should be more incentives for doctors, nurses, nurse practitioners and physician assistants.
To overcome the financial barriers we have a range of strategies: we advertise our trips three years in advance along with our suggestions as to the most beneficial (language trips, outdoor education trips and trips linked specifically to their GCSEs) so that parents can prioritise accordingly; we reduce the costs for pupil premium students by using the additional money given to us by the government; we are flexible with payment plans; we allow in - school fundraising for certain trips; and we keep supplemental costs (for example kit and transport) very low by doing our own fundraising for those items.
Universal life offers flexible premiums, allowing you to make more or less premium payments.
This is a more flexible option that allows you to change your premium payments and your payout amount (death benefit) as your life or needs change.
An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.
The flexible premium and coverage guarantees allow you to design a premium payment over the number of years that you choose.
However, Universal Life is more flexible than whole life, allowing the premium and face amount to change.This can be advantageous if you have either limited funds and you can not make a large premium payment or you have excess funds and you want to store up some additional cash value in your policy for a «rainy day».
The best thing about RiverSource's universal life insurance policies are the flexible options that allow you to change premium payments and adjust your death benefit.
Universal life insurance is a flexible permanent coverage option that allows premium payments to increase or decrease, assuming you have enough cash value in your policy to meet your monthly premium charge.
Among its products are Term Life Insurance, which offers higher coverage for lower premiums, the Universal Life Insurance, which allows adjustable payments and makes funds accessible, the Whole Life Insurance, which offers long term coverage, and Annuities, which are tax - deferred and flexible.
Flexible premium policy or annuity: A life insurance policy or annuity contract that allows the amount and frequency of premium payments to be varied.
This is a more flexible option that allows you to change your premium payments and your payout amount (death benefit) as your life or needs change.
An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.
Flexible premiums, which can allow policyholders to adjust their payment (alternatively, a fixed, consistent amount of premium can be chosen)
This flexible premium allows the policy holder to plan a premium payment over the number of years that he or she chooses.
If you want a flexible plan that allows you to build cash value, change your premium payments, and adjust your death benefit, then universal life may be a good option for you.
With the regular universal life insurance policy, the policy holder will attain flexible premiums — which can allow them to change their payment based on their changing needs (within certain policy guidelines).
Flexible Paid Up Rider: paid up additions allow the purchase of paid up additional whole life insurance through additional premium payments or dividends.
The premiums are flexible / adjustable with a minimum and maximum payment, allowing you to pay the minimum rate when your budget requires, or to pay the maximum and contribute to the cash value when discretionary income permits.
Unlike whole life insurance, universal life insurance policies are flexible and may allow you to raise or lower your premium payment or coverage amounts throughout your lifetime.
Or is it flexible premium allowing you to make additional premium payments?
Universal life insurance is sometimes referred to as a flexible premium life insurance policy because it allows you to determine the amount and frequency of premium payments, and to adjust the policy face amount up or down to reflect your changes in needs.
These policies are typically more flexible that the traditional whole life policy and allow you to use built - up cash value to make payments on your premiums.
Universal Life Insurance is a type of permanent life insurance that allows the policy owner to make flexible premium payments.
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